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Xinchen China Power Holdings Ltd. ( (HK:1148) ) has issued an announcement.
Xinchen China Power Holdings Ltd. reported its audited financial results for the year ending December 31, 2024, showing a slight increase in revenue to RMB 6,082,391,000 from RMB 5,340,830,000 in 2023. Despite the revenue growth, the company’s profit before tax decreased to RMB 42,378,000 from RMB 48,515,000 in the previous year, with a net profit of RMB 38,171,000. The results reflect challenges in managing costs and expenses, impacting overall profitability.
More about Xinchen China Power Holdings Ltd.
Xinchen China Power Holdings Ltd. is a company incorporated in the Cayman Islands, focusing on power-related products and services.
YTD Price Performance: -20.0%
Average Trading Volume: 15,000
Technical Sentiment Consensus Rating: Hold
Current Market Cap: €30.86M
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